Retrospective application of beneficial circulars upheld, binding officers and granting post adjudication relief where adjudication occurred after cir...
Admissibility of Investigation Statements requires witness examination before the adjudicating authority; otherwise statements cannot sustain a penalt...
Transaction value and connected person treatment in excise valuation: proprietary concerns not inter connected undertakings, relief on valuation and c...
Appointment of Registrars as adjudicating officers under Companies Act reallocates territorial jurisdiction and sets appeal route to Regional Director...
Composite supply of drilling services and site specific chemicals characterised as composite supply; prior advance rulings set aside, tax rate left op...
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4816 
Join Channel 
